Nigerian Low P/E Dividend Stocks

First HoldCo

Market Cap: ₦1.1t

Provides commercial banking, investment banking, corporate banking, and other financial services in Nigeria and internationally.

CWG

Market Cap: ₦29.0b

Engages in the supply, installation, integration, maintenance, and support of computer equipment, e-payment hardware, and ancillary equipment in Nigeria, Ghana, Uganda, and Cameroon.

Guaranty Trust Holding

Market Cap: ₦1.9t

Operates as a financial holding company for Guaranty Trust Bank Limited that provides commercial banking services in Nigeria, Ghana, Gambia, Sierra Leone, Liberia, Cote D'Ivoire, Kenya, Uganda, Rwanda, Tanzania, and the United Kingdom.

Zenith Bank

Market Cap: ₦2.4t

Provides banking and other financial services to corporate and individual customers in Nigeria, rest of Africa, and internationally.

Stanbic IBTC Holdings

Market Cap: ₦1.4t

A financial holding company, provides banking and other financial services to individuals, businesses, institutions, and corporations in Nigeria and internationally.

Nascon Allied Industries

Market Cap: ₦191.9b

Manufactures and sells refined, edible, and grade salt in Nigeria.

UPDC Real Estate Investment Trust

Market Cap: ₦16.8b

A real estate investment trust.

NEM Insurance

Market Cap: ₦89.8b

Provides general insurance products and services to corporate and individual customers in Nigeria and Europe.

Cornerstone Insurance

Market Cap: ₦74.9b

Offers risk underwriting and related financial services for corporate and individual customers in Nigeria.

FCMB Group

Market Cap: ₦376.2b

Provides various banking and financial services to the wholesale and retail customers in Nigeria and Europe.

NPF Microfinance Bank

Market Cap: ₦13.2b

A microfinance bank, provides banking and other financial services in Nigeria.